WASHINGTON—The costs of any central bank digital currency (CBDC) will outweigh its benefits, NAFCU told the Commerce Department.
Fresh Today
WASHINGTON—Comments on several items relevant to credit unions are due in the next several weeks, including the CFPB’s advance notice of proposed rulemaking (ANPR) on credit card late fees, CUNA noted.
FAYETTEVILLE, N.C. – The $97-millionBragg Mutual FCU has acquired the member relationships at the Fayetteville and Kenansville branches of the $457-million Piedmont Advantage Credit Union, which is based in Winston-Salem, N.C.
OCEANSIDE, Calif.–Frontwave Credit Union said it has secured naming rights for a new state-of-the-art community entertainment and sports arena being built here.
RIVERWOODS, Ill.—Discover has launched a new benefit for its credit card and bank customers.
NEW YORK–Credit unions aiming to proactively respond to members’ financial uncertainties or to update the information on their websites will want to pay attention to a new study on the kinds of questions consumers are Googling.
IRVINE, Calif.–Origence will host a webinar titled “Auto Lending Risk Analytics: Using Data for Decisioning” today, July 7. The webinar will begin at 2 p.m. ET.
DALLAS—Moneygram has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program.
WASHINGTON—Remittances could hit $630 billion globally by the end of this year, according to a new report from the World Bank.
NEW YORK—A new program from Kard is allowing fintechs to more easily offer credit card rewards.